Coordinator, Account Transfers (Temp)

Wedbush Securities is one of the largest securities firm and investment banks in the nation. We provide innovative financial solutions through our Wealth Management, Capital Markets, Futures and Advanced Clearing and Prime Services divisions. Headquartered in Los Angeles, California with over 100 offices and more than 80 correspondent offices, our commitment to providing relentless, customized services is the foundation of our consistent growth.

Our Palm Desert office is looking for an Account Transfers Coordinator. The Coordinator will be responsible for establishing and enforcing all requirements for transferring accounts between firms, either externally or internally. These requirements will generally fall within the guidelines of FINRA and/or any other governing bodies. Every Account Transfers Coordinator will receive specialized hands-on training in securities (stock brokerage) processing, account activity monitoring and regulatory/compliance issues, systems training, securities-industry training and financial-business training. This is an excellent opportunity for a career minded individual who wishes to grow and learn within a respected, stable financial services firm.

This is a full-time position, and hours of work and days are Monday through Friday, 6:30 a.m. to 3:30 p.m. Occasional evenings and/or weekends work may be required as job duties demand.

Job Responsibilities:

• Enforce Policies and Regulatory Requirements as it relates to the transfer of assets and review client account activity to identify and mitigate any possible Credit/Market risk issues
• Ensure Account Transfer Forms received are complete and signed by the Authorized Person(s)
• Review Receiving and Delivering Account Titles and Account Types to make sure that they are identical and no change-of-ownership occurs
• Generate Rejection Notice to Sales Offices and obtain necessary Approval-Levels for all transfers
• Review account activity to ensure compliance with company and regulatory policies and perform data entry/input
• Help with general administrative and clerical duties (filing, printing, faxing, copying, mailings, and box records for storage)
• Answer multi-line department phones, direct calls and take messages
• Perform other tasks and duties as required and assigned

• Bachelor’s degree from an accredited University preferred, but not required
• 1 year administrative or customer service experience in an office environment preferred
• Strong attention to detail and superior organizational skills
• Ability to set priorities, meet deadlines and manage multiple projects
• Excellent interpersonal and communication skills with an ability to cross-train
• Strong verbal and written communication skills
• Self-starter, able to work independently to resolve problems and implement new initiatives in support of team goals
• Ability to quickly learn new, proprietary software programs
• Prior experience in a securities/brokerage firm highly desirable
• Must be highly computer literate and proficient in MS Word and Excel and Outlook

What Wedbush Offers You

As part of our overall compensation package, Wedbush Securities offers an array of diverse benefits to all our colleagues. We believe that providing competitive benefit options yields the advantageous reward of establishing a healthy and inclusive foundational work culture.

• Comprehensive medical, dental, and vision coverage with multiple health plan options for you and your family
• Health Savings Account with company-sponsored contributions
• Flexible Spending Accounts (FSA) traditional and dependent care
• Pre-Tax Commuter Benefits
• 401(k) plan with discretionary, competitive company matching and profit-sharing contributions
• Tuition reimbursement up to $5,250/year
• 3 weeks of Paid Time Off
• 2 weeks of Paid Sick Time (may vary by location)
• 10 Paid Holidays
• Charitable Donation Matching Contributions
• Paid Leave (Military, Jury Duty, Volunteer Time Off, Disability, etc.)
• FINRA License Sponsorship
• Travel & Employee Assistance and Employee Discount Programs

The reasonable estimate of the compensation range for this role has not been adjusted for the applicable geographic location. A reasonable estimate of the current range is $47,840 - $52,000. Colleagues may be eligible for additional, discretionary incentive compensation based on the individual and the firm's performance. At Wedbush, it is not typical for an individual to be hired at, or near, the top of the range for their role. Decisions regarding compensation are determined on a case-by-case basis and are dependent on a variety of factors including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs.

Wedbush Securities (WS) is proud to be an Equal Employment Opportunity employer. WS does not discriminate based on race, religion, color, creed, sex, sexual orientation, gender, gender identity or expression, national origin, ancestry, citizenship status, registered domestic partner status, uniform service member status, marital status, pregnancy, age, medical condition, disability, genetic information, family care or medical leave status, or any other consideration made unlawful by applicable federal, state, or local laws, or on the basis that an applicant or Colleague is perceived to have these characteristics or is associated with someone who is perceived to have these characteristics. WS aims to foster a culture of inclusion where all Colleagues are valued for their unique contributions to the firm as well as provided equal opportunities to succeed.
From: Wedbush Securities